A recent review by ASIC found 15 auditors of different sizes failed to demonstrate compliance with independence and conflict of interest obligations.
A joint venture of AGL Energy and Someva Renewables has been given the government’s go-ahead for a new wind farm in NSW’s Riverina region that is expected to power almost 600,000 homes.
Tabcorp has settled a lawsuit by a former CEO who alleged his coerced resignation over alleged offensive language was inconsistent with a boardroom history of condoning off-colour remarks.
Renewables project Snowy Hydro 2.0 has said it will not be able to complete the ambitious infrastructure project within its $12 billion budget, which was previously increased from $2 billion.
Singtel CEO Yuen Kuan Moon has apologised for a 13-hour outage Triple Zero across three states that has been linked to the deaths of three people, blaming the outage on a “people issue”.
A Melbourne developer has sued its director, alleging that he unlawfully issued himself shares in an industrial estate development in Epping using a “simulated” signature, a claim which the director denies.
Swiss greentech company Kanadevia Inova has been hit with another suit by the receivers over a contract for the $500 million East Rockingham waste-to-energy plant in Western Australia.
Developer Robert Filippini is appealing a ruling that granted the liquidators for Keystone Asset Management’s expanded freezing orders of up to $158 million in assets as well as two family trusts and four luxury cars.
In the first penalty to be handed down for breaches of the Privacy Act, pathology services provider Australian Clinical Labs has agreed to cop a $5.8 million fine over a 2022 data breach that compromised the personal information of 223,000 customers of its Medlab business.
Optus has suffered another Triple Zero outage, just over a week after a 13-hour outage across three states that was linked to the deaths of three people.